Howard Hughes Communities Secures $35 Million Refinance From Affinius Capital For Mixed-Use Development

The property asset involved in the transaction is a mixed-use development located at 20115 Bridgeland Creek Parkway in Cypress, Texas. The total square footage is approximately 200,000 within a 23-acre site, which includes a retail center anchored by H-E-B and a Class A office building. The property has been operational since 2024 and is nearly fully leased.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $35,000,000
• Asset Address: 20115 Bridgeland Creek Parkway
• Market: Cypress, TX
• Square Footage: 200,000
• Acres: 23
• Lender: Costa Kontoulis - Affinius Capital
• Landlord: Jim Carman - Howard Hughes Communities
• Brokers: Colby Mueck, Kelly Layne, Jack Britton & Scot Sarlin - JLL
• Loan Type: Refinance

Key individuals in the transaction include Costa Kontoulis representing Affinius Capital as the lender, and Jim Carman from Howard Hughes Communities as the landlord. The brokerage team involved in facilitating the deal includes Colby Mueck, Kelly Layne, Jack Britton, and Scot Sarlin from JLL, underscoring the collaborative effort behind securing the refinancing.